Qwist

Are you prepared for the future of retail banking? Interesting and worth reading summary of the current study “Transformation in Retail Banking 2024” in yesterday's Der Bank Blog newsletter! The 10 theses formulated here on the development of retail banking up to 2035 speak to our heart -  especially these three core statements shown below. If you don't want to wait until 2035 to solve all these challenges - luckily there are experienced providers like Qwist. Call for help 😉 ⏬ Full article linked in the comment below. Thank you for the insightful read, Hansjörg Leichsenring! #Qwist #OpenBanking #RetailBanking #PSD2 #FinancialData

Spoiler alert: We chose left! And still update our current solutions! #Multitasking #Qwist #MemeMonday #ProductLaunch #RiskInsights

“Open Banking is like Web 1.0 and Open Finance will be like the current internet: a completely new level of user experience where the end user can quickly, easily, and efficiently interact with retailers, banks, authorities, advisors, and all kinds of other business areas.”  ~ Matt Colebourne, CEO, Qwist Curious about how we bridge banks and consumers? Our CEO, Matt Colebourne, discussed this recently with Der Bank Blog, and here’s a sneak peek on what was discussed: 1️⃣ How Open Finance integrates investments, savings, loans, and insurance for a holistic financial view.  2️⃣ Whether the EU Commission’s focus on Open Finance drives collaboration for innovation and data-driven capabilities.  3️⃣ Whether comprehensive insights empower smarter decisions and personalised services, benefiting consumers. 4️⃣ The potential business opportunities to be gained from detailed financial data in terms of risk management and competitive solutions.  5️⃣ How PSD3, FIDA, and PSR regulations provide support to ensure stable growth in Open Finance. The potential of Open Finance is limitless. Matt predicts a massive surge in Open Finance-based solutions in the next few years. Want to know more about his future outlook? ⏬ Read the full interview in the comments! ⏬ #Qwist #OpenBanking #OpenFinance #DataDrivenFinance #Fintech

You better believe this: In 2023, over 30% of buyers would have preferred to purchase a new car entirely online While finding cars online is common, financing them online is still catching up. A new study, exclusively previewed by AUTOHAUS, highlights the need for transparency, trust, and service in online financing. More than half of the surveyed customers are open to buying their next vehicle online. Genpact's findings align with this, showing increasing acceptance. However, the 2023 DAT report (DAT Deutsche Automobil Treuhand) notes that 53.7% still prefer local dealers or banks for car financing. Another challenge? Customers struggle with switching between online and offline processes. Imagine if the entire process - from research to financing - could happen seamlessly online. Integrated financing options without the need to switch platforms? Now that’s the future of car buying…. Or is it actually the present? 😉 React if you… 💡 would want an all online purchase process for your next car - financing included. ❤️ would still prefer to go to your local car dealership. #Qwist #financing #lending #openfinance

🌟 Qwist Chronicles: Need-to-Know Banking 🌟 Next up: everything on stocks, brought to you by Michele. Stocks, or shares, are financial instruments traded on stock exchanges and managed in secured accounts by shareholders. Each stock represents ownership of a part of a public company listed in the stock exchange. Successful investors spend time analysing stock prices or use expert advice. Investors may transfer their stock portfolio to another bank for several reasons: 👉Fee savings 👉Lower investment fund surcharges 👉Better product offers 👉Lack of digital custody options for account management (e.g. via online banking or an app) In Germany, transferring a custody account is free due to court rulings prohibiting banks from charging separate fees for this service. Digital services now enable account transfers in just 10 minutes. 💡Fun fact: The first share dates back to 1288 in a Swedish copper mine. Then, the Dutch East India Company issued the first tradable stocks in 1602, leading to the Amsterdam Stock Exchange in 1612. So, if you participate in stocks and shares, remember you're part of a centuries-old tradition! 🇳🇱📈 👀 Stay tuned for the next post! #Qwist #QwistChronicles #Stocks #Stockexchange #Banking

Ready to join our Sales team in the Commercial department? We have an exciting hybrid opportunity at Qwist, based in any of our locations in Berlin, Hamburg, or Munich. 🌟 Join as a Sales Development Representative (All genders) 🌟 🚀 Are you passionate about identifying and qualifying potential customers to expand market presence? Eager to build initial relationships with potential customers and support our sales team? Skilled in lead generation, initial contact, and appointment setting with experience in sales, ideally in the B2B sector or SaaS environment? Capable of monitoring market trends and competitor activities to identify new business opportunities? Experienced in maintaining and updating CRM databases with accurate and up-to-date information? 💻 Join us at Qwist and make a difference by discovering new business opportunities and establishing initial contact with potential customers! Explore the full job description below and step into our open finance strategy! 💪

Would you buy your next car online? What wasn’t even imaginable a few years back has now become reality. The customer journey no longer simply takes car enthusiasts to the local car dealership.  💡 In fact, the majority of consumers prefer to complete all phases of the interaction online. According to a study by Genpact and horyzn.io, 64% of consumers prefer to use digital channels during the purchase and post-purchase phase. And even more interesting: More than a third of customers looking for cars start their research by looking for the right financing option before deciding on a car. 👉 What this means for car dealerships? 1️⃣ Clean up your online presence, improve your user experience and the integration of necessary digital tools. 2️⃣ There is a need for transparent and competitive financing options, why not integrate those directly into your shop? Have the customers start their research on your website! How is your online presence? Do you think this also applies to E-Commerce platforms selling high-value goods? You can find the whole study in the link mentioned in the comment. #Qwist #financing #lending #openfinance

Ready to join our nrich API team in the Open Banking department? We have an exciting hybrid opportunity at Qwist, based in any of our locations in Berlin, Hamburg, Munich, Spain (remote), Italy (remote), or Poland (remote). 🌟 Join as a Senior Frontend Engineer (All genders) 🌟 🚀 Are you passionate about guiding users through connecting their financial resources with intuitive UI experiences? Eager to collaborate with backend engineers to deliver top-notch products and share your knowledge to inspire others? Skilled in HTML, CSS, JavaScript, and ReactJS, with Node.js and TypeScript experience as a plus? Capable of taking end-to-end ownership, meeting regulatory and security requirements, and supporting your peers through collaboration and knowledge sharing? Experienced in our stack and passionate about staying up-to-date with the latest technologies and trends? 💻 Join us at Qwist and make a difference by improving, maintaining, and evolving our open finance solutions! Explore the full job description below and step into our open finance strategy! 💪

🌎🎶 “Around the world, around the world…” Qwist is everywhere! 🌎🎶 This post is dedicated to our colleague Santiago, Senior Software Engineer, part of the finX team. Over his three years at Qwist, Santiago has shown exceptional innovation and collaboration in improving categorisation and solving problems. He excels at his work while fully remote, maintaining strong team relationships. In these pictures, Santiago stands in a traditional wine cellar in his hometown Jerez de la Frontera, a city in Cadiz, Spain, the source of sherry wines, just 500 metres from where he works. To him, this embodies the essence of remote work: staying connected to our roots while breaking barriers. Stay tuned for more stories from our team around the world! 👀 #Qwist #AroundTheWorld #WeAreQwist

🌟 Nicola’s Insights at Qorus Open Finance Virtual Event! 🌍💼 Look at our MD Nicola Breyer go !! 🚀 Yet another time where her insights and contributions were displayed at the recent Qorus Open Finance virtual event last month. As you can see, her post reviews key topics discussed in the article, which focused on: 🛡️Open Finance regulations urging financial firms to safeguard customer relationships amidst competition. 📊That data is a valuable Open Finance asset, which firms can use to strategise. 🔒🌐That challenges such as data security and technological integration are being navigated Our heartfelt thank you to Nicola, Paolo Zaccardi May Lam 林希文, Kees Kwakernaak, Christopher Schmitz for the enriching discussion! Also, to Roberto Ferrari and Dorota Valkova for their organisation and moderation. Want to know her views on these topics and more? Have a read of the article, to be found in the comments below! #OpenFinance #PSD3 #FIDA #QorusOpenFinance #Qwist